Property score
45.4
Below average
Overall 45.4 · Smaller and older than most nearby homes
648 sqft (bottom 1%) · Built in 1954 (10 yrs older than avg)
Located in a above-average income area with median household income of ~68k
Transit 94.0 · 1-min walk to transit with 4 nearby routes · Within 500m: 1 school, 2 parks, and 1 place of worship nearby
Living Area
Below average
44% smaller than neighborhood avg.
Year Built
Below average
10 yrs older than neighborhood avg.
Mother tongue
English · 85%French · 3%
Past 10 years Glendale sales snapshot (~80% of all data)
75
440.5k
$331/sqft
1964
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45.4 is composed by the two sections below.
Property Score
Community Score
Glendale
How to read: Share of sales in each ~$50k price band for “glendale” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.
Sales-to-New-Listings
1,196
sold
1,852
new listings
Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba
Sold Above Asking
Majority sold above asking
68 of 104 sold above asking · Manually compiled from MLS Winnipeg sold listings, May 4 – May 10, 2026
With a Sales-to-New-Listings ratio of 64.6% and 65% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111091
$68K
Median household income
$92K
Average household income
8%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.9
P90 / P10 ratio
33%
Single-person households
12%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
To see this property on a map next to nearby houses—and compare year built, living area, assessed value, and lot size in detail—open the neighbourhood analysis page.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
385 St Charles Street — 4 amenities found within 500 m, across 3 categories, including 1 education (nearest 160 m), 2 parks (nearest 197 m).
Glendale · WPS public data · 2026
Annual incidents
4
2026
vs. city avg
-86%
relative to avg
Year-over-year
▼ -93%
vs. prior year
Primary type
Property
50%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 3% | Bottom 8% | Bottom 9% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This one-storey home at 385 St Charles Street in Winnipeg's Glendale neighbourhood presents a specific and straightforward opportunity. Its key appeal lies in its exceptionally low price point and a land area that is above average for the city. The house itself, built in 1954, is notably compact at 648 sqft and features a detached garage and an unrenovated basement. Its assessed value is significantly below averages for the street, area, and city.
This property would suit a very particular buyer: an investor looking for a land-value play, a hands-on individual seeking the most affordable entry into homeownership with plans to eventually rebuild or extensively renovate, or someone looking for a minimalistic living situation where the land itself is the primary asset. Its value is not in its current condition or size, but in its potential and its positioning as one of the most accessible priced properties in the market.
Key Details & FAQs
Key Characteristics & Ideal Buyer
The defining characteristic of this home is its scale. At 648 sqft, it is among the smallest houses listed, ranking at the very bottom for living space on its own street. This is paired with an assessed value that is also in the lowest percentiles, creating a uniquely low barrier to entry. The less obvious appeal is the lot size—at over 6,700 sqft, the land parcel is actually larger than the citywide average, suggesting future potential that isn't reflected in the current structure. The home requires a vision beyond its present state, suiting a buyer who sees the property as a foundation for future investment rather than a move-in-ready solution.
Frequently Asked Questions
1. Why is the assessed value so much lower than the averages shown?
The assessed value reflects the current state and size of the improvement (the house) as well as the land. Given the home's very small size, age, and unrenovated condition, the assessment is weighted heavily toward the land value, resulting in a figure far below typical area homes.
2. Is this a teardown property?
While not explicitly marketed as such, the combination of a very small, older home on a larger-than-average lot makes it a candidate for eventual redevelopment. Any buyer should investigate zoning bylaws and renovation feasibility with the city.
3. What does "basement, not renovated" typically mean?
This indicates the basement exists but is in original or utilitarian condition. It is likely unfinished or partially finished without modern updates, and may be suited for storage or basic laundry facilities rather than living space.
4. How useful are the sold price ranges from 2016?
They provide historical context, showing the property transacted at a very low price point nearly a decade ago. For a current market valuation, they are less relevant than recent comparable sales and the current assessed value, but they reinforce the property's long-standing position as an entry-level asset.
5. Who would this property not suit?
It would not suit buyers seeking a turn-key home, growing families needing more space, or anyone unwilling to undertake significant future projects. Its value is in its affordability and lot potential, not in immediate comfort or modern amenities.
